
Pandemic, commodity price shock hurt pvt capex: CEA
Capital investment by the private corporate sector is beginning to kick in despite several shocks coming in one after the other, says CEA V Anantha Nageswaran.
Capital investment by the private corporate sector is beginning to kick in despite several shocks coming in one after the other, says CEA V Anantha Nageswaran.
Indian non-financial private sector debt and non-financial corporate debt as a share of GDP declined by nearly thirty percentage points in the last decade
According to the RBI, the gross NPA ratio of all scheduled commercial banks may increase from 7.5% in September 2020 to 13.5% by September 2021, and even escalate to 14.8% in severe stress scenario.
With their balance sheets fairly cleaned up and a steady third quarter, banks will be at the forefront of earnings growth in FY20, believe Ambit Group’s Ashok Wadhwa and Nitin Bhasin.